Comparison Trading 212 vs XTB
A dozen different brokers were comparatively assessed on InvestorGreg.net, and the best online trading brokers were found. Here, we compare Trading 212 vs XTB. Which of them: Trading 212 or XTB a better online broker?
First of all, we’ll compare the commission fees of the two brokers. The commission fee of Trading 212 on regular transactions of the stock exchange is 0, and XTB has a commission fee of from 0.3 pips. For trading in Forex, the commission fee of Trading 212 is 0.8 average spread for EUR/USD, while the commission fee of XTB is from 0.1 pips. We can also analyze commission fees for trading CFD: they are fees built into spreads in Trading 212 vs 0.08% minimum $8.00 USD in XTB. You can read more detailed information on commission fees in the online broker reviews.
It is important for investors to know what types of online trading broker supports and what tools they can use for trading. Let’s compare them. Stocks Trading, ETFs Trading, Forex Trading are provided to customers by Trading 212 and Stocks Trading, ETFs Trading, Forex Trading, Crypto Trading are provided by XTB. Concerning the platforms, Trading 212 uses Web Platform, Android App, iOS App, while XTB uses Desktop Platform (Windows), Desktop Platform (MacOS), Web Platform, MT4, Android App, iOS App.
In conclusion, when comparing the two online brokers, we should pay our attention to the year and country of foundation, the regulatory authorities and ways to withdraw funds. Trading 212 was established in 2004 in Bulgaria, and it is regulated by FCA, FSC. And XTB was established in 2002 in United Kingdom, and it is regulated by FCA, IFSC, KNF, CNMV and CMB. Withdrawal of funds from Trading 212 can be done using Bank Wire, Visa/Mastercard with a withdrawal fee of 0. And XTB provides the ability to withdraw funds using Bank Wire with a withdrawal fee of free. The withdrawal time for Trading 212 is 0-5 days, and that one for XTB is n/A.
Overall, Trading 212 boasts 4.3 stars versus XTB 4.3 stars.